Simple Mart Retail Co (TPE:2945) Days Sales Outstanding : 2.27 (As of Dec. 2023)

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What is Simple Mart Retail Co Days Sales Outstanding?

Simple Mart Retail Co's average Accounts Receivable for the three months ended in Dec. 2023 was NT$88 Mil. Simple Mart Retail Co's Revenue for the three months ended in Dec. 2023 was NT$3,526 Mil. Hence, Simple Mart Retail Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.27.

The historical rank and industry rank for Simple Mart Retail Co's Days Sales Outstanding or its related term are showing as below:

TPE:2945' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.55 Med: 1.13 Max: 2.36
Current: 2.05

During the past 9 years, Simple Mart Retail Co's highest Days Sales Outstanding was 2.36. The lowest was 0.55. And the median was 1.13.

TPE:2945's Days Sales Outstanding is ranked better than
89.54% of 306 companies
in the Retail - Defensive industry
Industry Median: 23.705 vs TPE:2945: 2.05

Simple Mart Retail Co's Days Sales Outstanding increased from Dec. 2022 (2.16) to Dec. 2023 (2.27).

Simple Mart Retail Co Days Sales Outstanding Historical Data

The historical data trend for Simple Mart Retail Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Simple Mart Retail Co Days Sales Outstanding Chart

Simple Mart Retail Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.07

0.99

1.56

2.24

2.36

Simple Mart Retail Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															2.16	2.17	1.68	1.81	2.27

Competitive Comparison of Simple Mart Retail Co's Days Sales Outstanding

For the Grocery Stores subindustry, Simple Mart Retail Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Simple Mart Retail Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Simple Mart Retail Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Simple Mart Retail Co's Days Sales Outstanding falls into.

Simple Mart Retail Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Simple Mart Retail Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (93.138	+	88.642)	/	2 )	/	14041.914	*	365
=	90.89					/	14041.914	*	365
=	2.36

Simple Mart Retail Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (86.597	+	88.642)	/	2 )	/	3526.438	*	365 / 4
=	87.6195					/	3526.438	*	365 / 4
=	2.27

Simple Mart Retail Co (TPE:2945) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Simple Mart Retail Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Simple Mart Retail Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Simple Mart Retail Co (TPE:2945) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Simple Mart Retail Co Ltd (TPE:2945) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minquan East Road, B1, No. 4, Section 3, Zhongshan District, Taipei, TWN, 10477

Website

https://www.simplemart.com.tw

Simple Mart Retail Co Ltd operates a retail chain of stores in Taiwan. The main engagement is in supermarkets manufacture, and retail sales in kinds of foods, Berverage and daily commodities, etc.

Simple Mart Retail Co (TPE:2945) Headlines

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